Wylfa

18th January 2018

The UK and Japanese governments may fund a new nuclear power station planned in Wales, in what seems to be a reversal of the UK’s insistence that its planned new fleet of reactors be funded by developers only. The idea would be to capitalise on governments’ ability to borrow more cheaply than the private sector, thus reducing overall project costs. The new thinking on Wales’ Wylfa power station on the Isle of Anglesey (pictured), being developed by Horizon, a subsidiary of Hitachi, comes after heavy criticism levelled at the £20bn Hinkley Point C plant under construction in Somerset.

Clients have included Greenpeace, Nuclear Free Local Authorities, WWF Scotland and the UK Government’s Committee on Radioactive Waste Management.

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